Converse and Black-Greek Organisations sign licensing agreement
Converse and representatives from the Council of Presidents, which comprises the leadership of nine historic African-American Fraternities and Sororities, have entered into a long-term licensing agreement in order to dismiss a trademark infringement lawsuit filed in 2003 by six of the organisations. The agreement enables Converse to manufacture, distribute and sell footwear featuring the trademarks of these organisations which represent over 1.8 million members worldwide.